New Chief Sales Officer in Sparinvest

25.08.2016

Jacob Nordby Christensen, 45 years, will from today be Chief Sales Officer of Sparinvest. He replaces Peter Møller Lassen, who resigns by mutual agreement with the Board of Directors and Executive Management. The resignation happens because of disagreement on the execution of Sparinvest's 2018 strategy.

Chief Executive Officer of Sparinvest Per Noesgaard is sorry to say goodbye to Peter Møller Lassen who has worked loyally for Sparinvest for many years but, at the same time, he is pleased that Jacob Nordby Christensen has agreed to take up the challenge.

"With Jacob Nordby Christensen as Chief Sales Officer, I am confident that we will reach our 2018 plan - also on the sales side," Per Noesgaard says and continues:

"Sparinvest has an ambitious strategy of increasing assets under management from the current 76 billion DKK to 100 billion DKK in 2018. It is, therefore, important not only to maintain our current growth rate but also to put on extra speed," Per Noesgaard says.

"The replacement of the CSO should not be seen as dissatisfaction with the historical sales to date, but as disagreement about the future of the sales work," Per Noesgaard adds.

Jacob Nordby Christensen has 20 years’ work experience in the financial field. He has worked in the finance sector since he completed his M.Sc. (Economics) from the University of Aarhus in 1996. From 1996 to 2002 he worked in the Equity Research departments of Jyske Bank A/S and Alfred Berg Bank A/S (ABN AMRO). He subsequently became a Senior Portfolio Manager with Danske Invest, and in 2007 he was Fund Manager of Sparinvest Property Investors. In 2010 he became Head of the Sparinvest’s Responsible Investment Unit, and in 2014 he was appointed Executive Vice President of Sparinvest. Until today's appointment as Chief Sales Officer, he and Peter Møller Lassen jointly headed the sales management at Sparinvest. Jacob Nordby Christensen holds a position in Sparinvest's Investment Committee and his primary responsibilities hitherto have been international and institutional sales.

Parallel with his work in the financial sector, he has completed the prestigious financial education as a Chartered Financial Analyst and in 2005 he could add CFA to his business card.

Jacob Nordby Christensen enters the Executive Board of Sparinvest SA and becomes part of business management.

The Executive Board of Sparinvest now consists of:

CEO Per Noesgaard

CSO Jacob Nordby Christensen

COO Niels Solon

CFO Henrik Lind-Grønbæk

CIO Jørgen Søgaard-Andersen

About Sparinvest

Sparinvest was founded in 1968 as a Danish investment fund, but has since grown into an international asset manager with operations in 14 European countries. The Group manages a total capital of 76 billion DKK for 170,000 private and institutional investors.

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Our mission is to deliver the best long-term
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approach to investment - and a great commitment.

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